"Designing Growth Strategies is in our DNA"
Kidney stones, also called renal calculi refers to a medical condition in which clumps of minerals accumulate on the inner walls of the kidney. In certain conditions, the waste products present in the blood form crystals that accumulated over a period of time and form a hard lump-like structure. A kidney stone can sometimes be painful along with other symptoms such as haematuria, nausea, frequent urine sensation and others. There are many surgical treatments available for kidney stones.
The rise in demand for minimally invasive interventions has resulted in the availability of various types of kidney stone retrieval devices in the market. In addition, there is a new product launched in recent years, further strengthening the global kidney stone retrieval device market. In 2018, Boston Scientific Corporation, one of the prominent medical devices manufacturers announced the worldwide launch of LithoVue Empower, a kidney stone retrieval device which is designed to be used along with LithoVue, digital ureteroscopes and compatible with the stone retrieval baskets, which will further boost the global kidney stone retrieval device market growth.
To gain extensive insights into the market, Request for Customization
The global kidney stone retrieval device market growth is being driven by the increase in a number of kidney stone removal surgeries, greater adoption to endoscopes for diagnosis and treatment, and emerging government guidelines for a surgical procedure for kidney stone removal. Furthermore, the rise in the prevalence of kidney stones globally is anticipated to fuel the global kidney stone retrieval device market growth in the forecast years.
According to the Centers of Disease Control and Prevention, in 2016, the total number of adults in the U.S. diagnosed with kidney stones were approximately 4.9 million, which in turn expand the global kidney stone retrieval device market growth.
Stringent government regulations and lack of skilled professionals in emerging economies are a major factor that can hamper the growth in global kidney stone retrieval device market.
The major companies covered in the global kidney stone retrieval device market report include Boston Scientific Corporation, C. R. Bard Inc. (Becton Dickinson and Company), Cook Medical, Olympus, STORZ MEDICAL AG, Richard Wolf GmbH, Dornier MedTech, and others.
By Type of Product
· Stone Removal Baskets
· Urinary Stents
· Intracorporeal Ureteroscopy
· Extracorporeal Shock Wave Lithotripsy
· Percutaneous Nephrolithotripsy
By End User
· Hospitals & Clinics
· Specialty Clinics
· Ambulatory Surgery Centres (ASCs)
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
As per the current Kidney Stone Retrieval Device market trends, extracorporeal shock wave lithotripsy is the expected to dominate the treatment segment of the global kidney retrieval device market due to its widespread adoption as a treatment for the kidney stones.
North America followed by Europe is anticipated to hold a considerable share of the global kidney stone retrieval device market owing to increasing adoption of non-invasive surgical techniques, favorable reimbursement policies and the rise in prevalence of kidney stones. The Asia Pacific holds potential for kidney stone retrieval device owing to the rise in prevalence of kidney stones and increasing need for safe and minimally invasive surgical methods. Increasing healthcare infrastructure, increasing demand for technologically advanced medical devices and rising disposable incomes is expected to drive the kidney stone retrieval device market growth in the forecast period. Increasing prevalence of kidney stones is anticipated to contribute to the growth of the Latin America and Middle East & Africa kidney stone retrieval device market in the future.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- Global hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry